Netflix Falls to $65.04, Breaking Its Own 52-Week Low
As seen on the 24/7 Wall St. homepage on October 21, 2026.
Netflix just set a new 52-week low at $65.04, 3.01% under the October 2 bottom it reached less than three weeks ago. The $270.8 billion streaming leader is making new lows within weeks of its last one.
Continue ReadingShow less
Netflix shares touched $65.04 on October 21, undercutting the prior 52-week low set just weeks earlier on October 2. The fact that the stock is printing fresh annual lows within such a short window is a signal worth taking seriously: it means each attempted stabilization is failing before it can gather momentum.
The latest bottom sits below the October 2 trough, which was already the weakest point the stock had seen in a year. Back-to-back 52-week lows in rapid succession suggest sellers are not waiting for rallies to exit, and buyers have not yet stepped in with enough conviction to halt the slide.
The stock was trading above $124 earlier in the 52-week window, and the distance from that level to today captures the full scope of the pressure it has been under.
For investors already holding shares, the key question is whether the October 2 level, now broken, becomes a zone of overhead resistance on any bounce. A level that once served as support often flips its role once it is decisively violated, and that dynamic will be worth monitoring as the stock trades around current levels.
Sources
Mentioned: NFLX